HSBC Holdings Reviews in Mumbai, India | Glassdoor

HSBC Holdings Mumbai Reviews

Updated February 18, 2017
57 reviews

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Mumbai, India Area (India)

2.7
Star Star Star Star Star
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Approve of CEO
HSBC Holdings Chief Executive Stuart T. Gulliver
Stuart T. Gulliver
16 Ratings

57 Employee Reviews

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Pros
Cons
More Pros and Cons

  1. "Associate Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Director in Mumbai (India)
    Former Employee - Associate Director in Mumbai (India)
    Approves of CEO

    I worked at HSBC Holdings (More than 5 years)

    Pros

    Worked in one of the invesment divisions of HSBC. Life was good then. We didn't have a whole lot of stress and moreover the pay was also decent. Of course, this was a while back and things may not be the same now. So, please do take current feedback before deciding.

    Cons

    There were turf wars and ego battles as in all big corporations. But if you put your head down and did your job well, you could navigate the system


  2. "AVP"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Maharashtra in Mumbai (India)
    Current Employee - Maharashtra in Mumbai (India)
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good atmosphere, good people, work life balance

    Cons

    Bad Hr team, slow boarding process

    Advice to Management

    Please expediate the boarding process as workstation and email set up takes 48hrs and the same can be done 48hrs prior to joining. This will help the bank save time and also get productivity from the resorce right from day one.


  3. "Poor pay master"

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Mumbai (India)
    Current Employee - Anonymous Employee in Mumbai (India)
    Doesn't Recommend
    Negative Outlook

    I have been working at HSBC Holdings (Less than a year)

    Pros

    you can have good work life balance

    Cons

    Salary is not commensurate with industry


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  5. "Excellent organization now losing way"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Vice President in Mumbai (India)
    Former Employee - Senior Vice President in Mumbai (India)
    Recommends
    Negative Outlook
    Disapproves of CEO

    I worked at HSBC Holdings full-time (More than 10 years)

    Pros

    Truly global, fantastic culture, people friendly, plays by rules. Also has good compensation policies and excellent diversity support tools

    Cons

    Can get frustrating to get work done. Can be very bureaucratic. Very top heavy. Mediocrity becoming norm

    Advice to Management

    Cut costs but at the top


  6. "Assistant Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Mumbai (India)
    Current Employee - Anonymous Employee in Mumbai (India)
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good Place to work can spend quality time with families and friends.

    Cons

    Growth is quite slow in every department in which I have worked.


  7. "Good work environment. Employee friendly policies"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Mumbai (India)
    Current Employee - Vice President in Mumbai (India)
    Recommends
    Disapproves of CEO

    I have been working at HSBC Holdings full-time (More than a year)

    Pros

    Employee friendly policies. Good risk management practices. Strong global brand. Extremely structured organisation, a little too complex. Employee recognition practices.

    Cons

    Extremely pessimistic thought process. Redundant processes. Policies are followed in letter and not in spirit. Lacks in leadership. Bad senior management in most departments.

    Advice to Management

    Please have a long term plan for the organisation and be transparent about it. Also please stick to it.


  8. "About Culture"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in Mumbai (India)
    Former Employee - Assistant Vice President in Mumbai (India)
    Recommends
    Positive Outlook

    Pros

    Descent Pay Master in the Industry , Instant reward and recognition

    Cons

    Hire and Fire Culture , Frequent Change of Management Strategy


  9. "Pays well. Good for corporate Side roles"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Mumbai (India)
    Former Employee - Anonymous Employee in Mumbai (India)
    Recommends

    I worked at HSBC Holdings full-time (More than a year)

    Pros

    They have a leadership develpment program which identifies leaders of tomorrow and train them. Really good program. Focus on large picture instead of just achieving targets

    Pays really well. CTC quoted actually is the salary paid. Bonus and all other incentives were over and above that.

    Cons

    Very bad HR, no rotation in the management graduate program contrary to what was promised during interview. In the retail side, lack of good products

    Advice to Management

    Focus on your strengths


  10. "Was good initially but ended very frustratingly"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Product Analyst in Mumbai (India)
    Former Employee - Product Analyst in Mumbai (India)
    Negative Outlook
    No opinion of CEO

    I worked at HSBC Holdings full-time (More than a year)

    Pros

    People were great to work with and are very knowledgeable since they have been in the industry and the company for a very long time

    Cons

    Hierarchy, bureaucracy leading to slow decision making. The company is living in the past and not moving into the future with innovation. It needs a top down restructuring and needs to invest more in technology & systems and not necessarily more people.

    Advice to Management

    Decentralise the decision making


  11. "good"

    Star Star Star Star Star
    Current Employee - Team Leader in Mumbai (India)
    Current Employee - Team Leader in Mumbai (India)

    Pros

    Expection kept will be good

    Cons

    stability and retaining should be good

    Advice to Management

    no



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